ACAX
Price:
$3.82
Market Cap:
$17.60M
Alset Capital Acquisition Corp. focuses on effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. It intends to focus on identifying businesses in the real estate industry, including construction, homebuilding, real estate owners and operators, arrangers of financing, insurance, and other services for real estate, as well as businesses and technologies targeting the real estate space. The company was incorporated in 2021 and is based in Bethesda, Maryland.
Industry
Shell Companies
IPO Date
2022-03-24
Stock Exchange
NASDAQ
Ticker
ACAX
According to Alset Capital Acquisition Corp.’s latest financial reports and current stock price. The company's current PE Ratio is 38.20. This represents a change of 741.99% compared to the average of 4.54 of the last 4 quarters.
The mean historical PE Ratio of Alset Capital Acquisition Corp. over the last ten years is -177518.76. The current 38.20 PE Ratio has changed -102.15% with respect to the historical average. Over the past ten years (40 quarters), ACAX's PE Ratio was at its highest in in the November 2022 quarter at 262.47. The PE Ratio was at its lowest in in the May 2022 quarter at -448.59.
Average
-177518.76
Median
68.04
Minimum
-711054.63
Maximum
843.50
Discovering the peaks and valleys of Alset Capital Acquisition Corp. PE Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = 0%
Maximum Annual PE Ratio = 843.50
Minimum Annual Increase = -105.35%
Minimum Annual PE Ratio = -711054.63
| Year | PE Ratio | Change |
|---|---|---|
| 2024 | -7.69 | -105.35% |
| 2023 | 143.78 | -82.95% |
| 2022 | 843.50 | -100.12% |
The current PE Ratio of Alset Capital Acquisition Corp. (ACAX) is less than than its 3-year, greater than its 5-year, and greater than its 10-year historical averages
3-year avg
326.53
5-year avg
-177518.76
10-year avg
-177518.76
Alset Capital Acquisition Corp.’s PE Ratio is greater than Bukit Jalil Global Acquisition 1 Ltd (27.70), less than Mobiv Acquisition Corp (88.87), greater than TMT Acquisition Corp (16.48), less than Greencity Acquisition Corporation (0), greater than Global Star Acquisition, Inc. Class A Common Stock (-33.62), greater than EF Hutton Acquisition Corporation I Common Stock (-0.00), less than Screaming Eagle Acquisition Corp. (57.15), less than Goldenbridge Acquisition Limited (86.58), greater than Dune Acquisition Corporation (-0.22), greater than Estrella Immunopharma, Inc. (-5.78),
| Company | PE Ratio | Market cap |
|---|---|---|
| 27.70 | $18.09M | |
| 88.87 | $17.30M | |
| 16.48 | $18.00M | |
| 0 | $16.41M | |
| -33.62 | $19.37M | |
| -0.00 | $19.41M | |
| 57.15 | $365.72M | |
| 86.58 | $21.76M | |
| -0.22 | $22.25M | |
| -5.78 | $72.89M |
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